Roblox Corporation $RBLX Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lessened its stake in shares of Roblox Corporation (NYSE:RBLX) by 11.6% in the third quarter, Holdings Channel reports. The institutional investor owned 578,113 shares of the company’s stock after selling 75,947 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Roblox were worth $24,495,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Renaissance Technologies LLC boosted its stake in Roblox by 7.5% during the 1st quarter. Renaissance Technologies LLC now owns 7,126,134 shares of the company’s stock valued at $403,054,000 after purchasing an additional 497,625 shares during the last quarter. Amundi boosted its stake in shares of Roblox by 83.7% in the first quarter. Amundi now owns 5,774,151 shares of the company’s stock worth $326,586,000 after acquiring an additional 2,631,074 shares during the period. Assenagon Asset Management S.A. boosted its stake in Roblox by 216.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 5,992,101 shares of the company’s stock worth $253,885,000 after purchasing an additional 4,098,311 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its stake in Roblox by 10.3% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,451,881 shares of the company’s stock valued at $251,798,000 after acquiring an additional 416,206 shares in the last quarter. Finally, Amova Asset Management Americas Inc. grew its stake in Roblox by 17.0% during the first quarter. Amova Asset Management Americas Inc. now owns 3,238,160 shares of the company’s stock valued at $183,247,000 after acquiring an additional 469,379 shares in the last quarter. Institutional investors own 94.46% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on RBLX shares. Wells Fargo & Company cut shares of Roblox from an “overweight” rating to a “cautious” rating in a research note on Monday, October 12th. Oppenheimer restated an “outperform” rating on shares of Roblox in a research report on Friday, September 11th. Needham & Company LLC lifted their target price on Roblox from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Wednesday, September 23rd. UBS Group lifted their target price on Roblox from $45.00 to $53.00 and gave the stock a “neutral” rating in a report on Wednesday, October 14th. Finally, Canaccord Genuity Group set a $58.00 price target on Roblox in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $57.22.

Insider Transactions at Roblox

In related news, insider Matthew Kaufman sold 14,904 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $37.96, for a total value of $565,755.84. Following the completion of the transaction, the insider owned 335,060 shares of the company’s stock, valued at approximately $12,718,877.60. This trade represents a 4.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Mark Reinstra sold 17,934 shares of Roblox stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $37.96, for a total value of $680,774.64. Following the completion of the transaction, the insider owned 398,064 shares of the company’s stock, valued at approximately $15,110,509.44. This represents a 4.31% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 186,390 shares of company stock worth $7,283,371 in the last quarter. Company insiders own 10.05% of the company’s stock.

Roblox News Roundup

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Wedbush raised its price target for Roblox from $48 to $55 while maintaining a neutral rating. The revision reflects expectations that user activity remained more resilient than feared in the third quarter. Wedbush Roblox price target update
• Positive Sentiment: Earnings expectations have improved. Analysts see an 8.54% positive Earnings ESP, and recent estimate revisions suggest Roblox could beat expectations when it reports. The company is expected to post a quarterly loss of approximately $0.41 per share on $1.63 billion of revenue. Roblox earnings optimism
• Positive Sentiment: Roblox users reportedly held up better than expected in the third quarter, which could help support engagement metrics and reduce downside risk around the upcoming results. Roblox user trends and spending
• Neutral Sentiment: Roblox’s recent recommendation-system changes prioritize game quality and user retention over near-term spending. This strategy could improve long-term engagement, but it may temporarily reduce monetization growth. What is wrong with Roblox stock
• Negative Sentiment: Spending per user was likely below expectations. Even with resilient user numbers, weaker monetization could pressure bookings and revenue, limiting the benefit of strong engagement.
• Negative Sentiment: Bookings growth slowed sharply in the second quarter, while engagement cooled. Forecasts also call for year-over-year declines in both earnings and revenue, keeping the stock vulnerable if Roblox fails to demonstrate improved monetization.

Roblox Price Performance

Roblox stock opened at $53.00 on Friday. The company has a market cap of $35.51 billion, a price-to-earnings ratio of -37.06 and a beta of 1.47. The firm’s fifty day moving average is $45.12 and its 200 day moving average is $47.58. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 7.82. Roblox Corporation has a 52-week low of $33.88 and a 52-week high of $134.67.

Roblox (NYSE:RBLX) last issued its quarterly earnings data on Thursday, July 30th. The company reported ($0.26) EPS for the quarter, topping analysts’ consensus estimates of ($0.34) by $0.08. Roblox had a negative net margin of 17.60% and a negative return on equity of 292.85%. The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.60 billion. During the same period last year, the company posted ($0.41) EPS. The business’s revenue was up 8.3% on a year-over-year basis. Sell-side analysts forecast that Roblox Corporation will post -1.39 EPS for the current fiscal year.

Roblox Company Profile

Roblox Corporation operates Roblox, an online platform where users can create, publish, and participate in interactive digital experiences. The platform supports a broad range of user-generated content, including games, social spaces, entertainment, educational activities, and virtual events.

Roblox provides development tools through Roblox Studio, enabling creators and developers to design experiences and build virtual items and environments. Users can customize avatars, communicate with others, and access content across computers, mobile devices, consoles, and other supported platforms.